ShippingWatch

Torm moves climate goal forward by five years to 2025

By as early as 2025, Torm means to reduce carbon emissions from its operated tanker fleet by 40 percent, thereby moving forward its original target by five years. The tanker operator's end goal remains climate neutrality by 2050.

Jacob Meldgaard, CEO at Torm and chair at Danish Shipping, is tightening the climate goals of the tanker carrier. | Photo: PR/Torm

Denmark-based product tanker operator Torm moves forward its climate goal by five years, which will lead to further investments in ships, systems and crews, the carrier writes in a press release on Monday.

CO2 emissions from Torm's operated fleet of more than 80 tankers must be reduced by 40 percent no later than 2025 compared to 2008. The previous target was a 40-percent reduction by 2030.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

HMM doubled revenue in Q1

South Korean container line HMM follows the trend of European competitors, which have already presented their first-quarter financials. Revenue doubled in a significant surge.

Further reading

Related articles

Latest news

See all jobs